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We investigate the economic outcomes that result under simulated bidderbehavior in a model of the FCC's reverse auction for radio spectrum. In oursimulations, limiting our notion of efficiency to the reverse auction inisolation, the reverse clock auction achieves very efficient solutions, theFCC's scoring rule greatly reduces the total payments to TV broadcasters at thecost of some efficiency, and using a poor feasibility checker can have graveconsequences both in terms of the auction's cost and efficiency.

Assessing Economic Outcomes in Simulated Reverse Clock Auctions for Radio Spectrum